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...crash in fish stocks would impact many towns and villages. At the same time, the E.U. is trying to save fish by coaxing fishermen into other professions. After years of political wrangling, the European Commission agreed last month on a €3.8 billion, seven-year program to help fishermen shift into other industries. E.U. funds currently help fishermen retire at 55 and pay to train them for new careers in tourism. Whatever the economic incentives to change their ways, in many small towns there is a sense of a way of life passing away - often yielding to an easier, more...

Author: /time Magazine | Title: The Mediterranean's Tuna Wars | 7/16/2006 | See Source »

...cultural shift away from government employment has been even harder to change. While the private sector has boasted of its commitment to quality and efficiency, the public sector still has a reputation branded by that notorious phrase, "good enough for government work." So the Best and the Brightest believe there's no excitement or pulse in federal service. Even graduate schools that are supposed to train students for government can't convince them to work there. In 1961, Charles and Marie Robinson gave $35 million to Princeton's Woodrow Wilson School of Public and International Affairs to ensure its students...

Author: /time Magazine | Title: Uncle Sam Wants You | 7/13/2006 | See Source »

...finally emerged from 15 years of stagnation. Led by governor Toshihiko Fukui, the monetary-policy committee at the Bank of Japan (BOJ) will vote on whether to raise its overnight lending rate to 0.25% or leave it at zero, where it has been for more than five years. That shift would not just demonstrate that the BOJ believes the world's second largest economy is now on sound footing?it would also have a profound effect on global markets and both corporate and private borrowers...

Author: /time Magazine | Title: Japan Takes Flight | 7/10/2006 | See Source »

...follow the broad lines of Bush's approach. As Vice President Dick Cheney has said, "Ten years from now, we'll look back on this period of time and see that liberating 50 million people in Afghanistan and Iraq really did represent a major, fundamental shift, obviously, in U.S. policy in terms of how we dealt with the emerging terrorist threat--and that we'll have fundamentally changed circumstances in that part of the world...

Author: /time Magazine | Title: Transformation is Hard | 7/9/2006 | See Source »

...While this shift in popular Western attitudes may seem irreversible, Benedict is refusing to accept defeat. Austen Ivereigh, a top aide to Cormac Cardinal Murphy-O'Connor, Archbishop of Westminster, says the battle of ideas is still on. "Benedict is a real intellectual. He has an almost touching faith in the power of reason," says Ivereigh. "He's convinced that the intellectual arguments are on his side. The challenge for him is to make the case without looking like he's old-fashioned. How do you make the case about traditional marriage something interesting and exciting? But if any Pope...

Author: /time Magazine | Title: The Pope Squares Off With Spain's Secular Champion | 7/9/2006 | See Source »

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